PivotBoss Pre-Market Video [May 15, 2023]: Narrow 6-Day Range in ES

MAY 15, 2023 — MONDAY AM

The ES continues to trade at the center of the larger expanding range, and is now trading within a narrow 6-day range. This range could help unlock about 150 points of movement ahead, but we need to see a move to an edge first. The NQ has developed a narrow 3-day range, and continues to shake off weakness. Watch for a test at support in the YM, which could offer a fading opportunity. A test of 1980 could be ahead for Gold. Crude Oil hasn’t found a strong low quite yet, which is needed for a return to 76-77 above.

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WEBINAR RECORDING: https://pivotboss.com/2023/05/09/webinar-recording-making-money-with-trade-sequences/

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Cheers!

Frank Ochoa
Author, Secrets of a Pivot Boss

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